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RSS from Dana PetroleumMon, 16 Nov 2015 10:06:49 GMTThu, 22 Feb 2018 04:55:54 GMTenUmbraco
Dana Petroleum announces first oil from Western Isles http://www.dana-petroleum.com/media-centre/press-releases/2017/dana-petroleum-announce-first-oil-from-western-isles/
Production started on 15 November and has continued steadily and in line with our expectations.
Western Isles (Dana 77% and Cieco 23%) is now producing from the Harris and Barra oil fields in the Northern North Sea, 160km east of the Shetlands an...21 Nov 2017 12:22:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2017/dana-petroleum-announce-first-oil-from-western-isles/UK
Eagle Exploration Update http://www.dana-petroleum.com/media-centre/press-releases/2016/eagle-exploration-update/
Prior to EnQuest proceeding to drill the Eagle exploration well, Dana had asserted to EnQuest that EnQuest did not have authority to do so.
It remains Dana’s position that it has a 50% ownership interest in the Eagle well discovery and it has res...04 Jul 2016 12:50:05 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2016/eagle-exploration-update/Corporate,UK
Dana Petroleum completes successful drilling campaign in licence 12/06 in Danish North Sea http://www.dana-petroleum.com/media-centre/press-releases/2015/dana-petroleum-completes-successful-drilling-campaign-in-licence-1206-in-danish-north-sea/
The Lille John-2 (LJ-2) appraisal well and side-track confirmed the presence of sweet, light oil in the Late Miocene sandstone reservoir. The thickness and quality of the sandstone reservoir encountered in LJ-2 was found, as expected, to be improv...10 Feb 2015 14:34:35 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2015/dana-petroleum-completes-successful-drilling-campaign-in-licence-1206-in-danish-north-sea/Corporate,Netherlands
Dana Petroleum plc 2013 Results http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-plc-2013-results/
Financial Performance 2013
Investing in £1 billion Western Isles project in UK North Sea
2013 profit after tax of £105.13 million (£110.08 million in 2012)
Revenues of £1 billion in 2013 (£1.09 billion in 2012)
Net assets up by 3% to £1.37 b...01 Jul 2014 14:46:12 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-plc-2013-results/Corporate
Dana Petroleum’s Western Isles Project gas export pipeline successfully installed http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-s-western-isles-project-gas-export-pipeline-successfully-installed/
The pipeline will export excess produced gas to the Tern - North Cormorant gas pipeline and import gas for lift gas and fuel when required.
The 11 kilometre long, six inch pipeline was fabricated and inspected at Subsea 7’s spoolbase in Leith a...20 May 2014 16:48:08 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-s-western-isles-project-gas-export-pipeline-successfully-installed/Corporate,UK
Dana Petroleum completes acquisition of interest in Danish licence from PA Resources http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-completes-acquisition-of-interest-in-danish-licence-from-pa-resources/
The licence is located near existing Dana operated licences in the Netherlands; the F02a producing licence containing the Hanze oil field and Pliocene (shallow) gas field and the F06 exploration licence.
Dana's Netherlands Managing Director Nick...15 May 2014 16:49:21 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-completes-acquisition-of-interest-in-danish-licence-from-pa-resources/Corporate,Netherlands
Dana Petroleum’s Western Isles Project first well successfully tested http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-s-western-isles-project-first-well-successfully-tested/
The first production well has now been successfully completed and flow tested and a further three wells have been drilled and cased to surface casing depth. All four subsea christmas trees have also been installed on the seabed. The work is bei...30 Apr 2014 16:51:23 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-s-western-isles-project-first-well-successfully-tested/Corporate,UK
Dana Petroleum welcomes publication of Sir Ian Wood’s recommendations http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-welcomes-publication-of-sir-ian-wood-s-recommendations/
The report UKCS Maximising Recovery Review was commissioned by the UK Government in June last year.
Graham Scotton, Dana’s acting Chief Executive said: “Dana welcomes the publication of Sir Ian's final report and the broad direction of his recomm...24 Feb 2014 16:53:32 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-welcomes-publication-of-sir-ian-wood-s-recommendations/Corporate
Mauritanian well evaluated following completion of drilling http://www.dana-petroleum.com/media-centre/press-releases/2014/mauritanian-well-evaluated-following-completion-of-drilling/
The well discovered gas-condensate and oil pay in multiple thin, but good quality sands within the Lower Cormoran (Santonian) and in the first primary target Petronia (Santonian to Coniacian) intervals. However, the deeper primary target (Fregate...18 Feb 2014 16:54:47 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/mauritanian-well-evaluated-following-completion-of-drilling/
FPSO hull launch marks more than one million hours incident free on Dana’s Western Isles Project http://www.dana-petroleum.com/media-centre/press-releases/2014/fpso-hull-launch-marks-more-than-one-million-hours-incident-free-on-dana-s-western-isles-project/
The project achieved more than 1.5 million man hours incident-free during construction at the COSCO shipyard in Qidong, China, where the FPSO is being built. The hull launch marked the end of a year of major construction work.
Hugh McClure, Direc...14 Feb 2014 16:56:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/fpso-hull-launch-marks-more-than-one-million-hours-incident-free-on-dana-s-western-isles-project/Corporate,UK
Dana donates to Aberdeen Foyer http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-donates-to-aberdeen-foyer/
The money was raised through a charity raffle by employees at the annual New Year dinner dance. Established in 1995, the Foyer provides supported accommodation to young people who are homeless or at risk, alongside a range of education, training...30 Jan 2014 16:57:15 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-donates-to-aberdeen-foyer/Corporate
Dana Petroleum appoints Director of Capital Development Projects http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-appoints-director-of-capital-development-projects/
Hugh joined Dana in 2012 as Group Health, Safety, Security and Environment (HSSE) Director and for the last six months, has also led the $1.6 billion WIDP as Project Director. He has significant project leadership experience developed during his 2...28 Jan 2014 16:58:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-appoints-director-of-capital-development-projects/Corporate
Dana Petroleum awarded three new exploration licences in Norway http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-awarded-three-new-exploration-licences-in-norway/
The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what was a record year for the number of companies applying for available acreage.
Dana has been offered operatorship of two North Sea licences, PL 737 S and PL 742. The...23 Jan 2014 17:00:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-awarded-three-new-exploration-licences-in-norway/Corporate
Dana Petroleum begins 2D seismic acquisition in the Bakassi West block, South West Cameroon http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-begins-2d-seismic-acquisition-in-the-bakassi-west-block-south-west-cameroon/
Bakassi West is situated in the Rio Del Rey Basin in the South West Region of Cameroon, adjoining the border with Nigeria, on the eastern margin of the Niger Delta. It covers an area of almost 390 km2. Around 350km of 2D seismic will be acquire...22 Jan 2014 17:08:37 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-begins-2d-seismic-acquisition-in-the-bakassi-west-block-south-west-cameroon/
Dana Petroleum awarded new exploration acreage in Egyptian Western Desert http://www.dana-petroleum.com/media-centre/press-releases/2014/dana-petroleum-awarded-new-exploration-acreage-in-egyptian-western-desert/
The blocks were awarded through the GANOPE Bid Round 2010. The forecasted activities in the initial exploration phase of three years include an aero-magnetic survey and 500 km of 2D seismic.
Egypt Managing Director Paul Barnett said: “These two...09 Jan 2014 17:09:51 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2014/dana-petroleum-awarded-new-exploration-acreage-in-egyptian-western-desert/Corporate
Independent Non-Executive Director appointed to Dana Board http://www.dana-petroleum.com/media-centre/press-releases/2013/independent-non-executive-director-appointed-to-dana-board/
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David brings a wealth of experience to the Board having spent nearly three decades in a number of leadership roles with BP, including Head of Oil Trading, President and Head of E&amp;P for BP Asia, Commercial Director for...20 Dec 2013 09:15:35 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/independent-non-executive-director-appointed-to-dana-board/Corporate
Dana Petroleum secures US$1.5 billion credit facility to finance growth http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-secures-us-15-billion-credit-facility-to-finance-growth/
The facility is made up of an initial committed US$1 billion together with a further US$0.5 billion that can be made available in the future for investment opportunities. This facility refinances Dana’s existing US$870 million facility.
The syndi...20 Dec 2013 09:16:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-secures-us-15-billion-credit-facility-to-finance-growth/Corporate
Dana acquires operated positions in Danish and German sectors of North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-acquires-operated-positions-in-danish-and-german-sectors-of-north-sea/
Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PAR) UK Ltd. The total value of the deal is approximately $4...16 Dec 2013 09:18:35 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-acquires-operated-positions-in-danish-and-german-sectors-of-north-sea/Corporate,Netherlands
Dana Petroleum awarded new exploration licenses in North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-awarded-new-exploration-licenses-in-north-sea/
The Department of Energy and Climate Change approved three blocks in two licences in the 27th Licensing Round. Dana has been awarded 42/28e, 42/29b and 48/10c all with E.on as operator.
The first two blocks are close to the licence in which the T...09 Dec 2013 09:19:50 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-awarded-new-exploration-licenses-in-north-sea/UK
Marcus Richards to step down at Dana http://www.dana-petroleum.com/media-centre/press-releases/2013/marcus-richards-to-step-down-at-dana/
Dr Richards joined the company following its takeover by the Korea National Oil Corporation in late 2010, transforming it from an investor-led business into a fully-fledged exploration and production company operating in Europe, Africa and the Mid...29 Nov 2013 09:42:57 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/marcus-richards-to-step-down-at-dana/Corporate,UK
Dana Petroleum makes oil discovery in Moray Firth http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-makes-oil-discovery-in-moray-firth/
Dana drilled 13/23d-8 on the Liberator Prospect in Licence P1987 as Operator and discovered hydrocarbons in a Lower Cretaceous Captain Sandstone reservoir. Detailed evaluation of the discovery will now be undertaken to determine the volume of disc...22 Nov 2013 09:44:46 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-makes-oil-discovery-in-moray-firth/UK
Dana Petroleum makes gas discovery in southern North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-makes-gas-discovery-in-southern-north-sea/
Dana drilled 47/5d-6 on the Pharos Prospect in Licence P1566 as Operator and discovered gas in a Rotliegendes reservoir. Detailed evaluation of the discovery will be undertaken in order to determine the volume of gas initially in place (GIIP). Thi...19 Nov 2013 09:48:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-makes-gas-discovery-in-southern-north-sea/Corporate,UK
Dana Petroleum welcomes publication of interim report by Sir Ian Wood http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-welcomes-publication-of-interim-report-by-sir-ian-wood/
The report UKCS Maximising Recovery Review was commissioned by the UK Government in June this year.
Dr Marcus Richards, Group Chief Executive of Dana Petroleum commented: "Dana Petroleum welcomes the publication of Sir Ian's interim report and th...12 Nov 2013 09:49:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-welcomes-publication-of-interim-report-by-sir-ian-wood/Corporate
Global oil industry faces ‘paradigm shift’ Dana chief executive tells conference http://www.dana-petroleum.com/media-centre/press-releases/2013/global-oil-industry-faces-paradigm-shift-dana-chief-executive-tells-conference/
Dr Richards told delegates at The Changing Dynamics of Global Energy Markets conferenceheld at Chatham House, that major structural shifts were now altering the balance of power amongst industry players. One of the key drivers of this shift is t...04 Nov 2013 09:51:58 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/global-oil-industry-faces-paradigm-shift-dana-chief-executive-tells-conference/Corporate
Dana Petroleum launches new company magazine with a difference http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-launches-new-company-magazine-with-a-difference/
Featuring articles from experts, writers and public figures, Latitude is much more than a traditional company magazine - it seeks to promote new ideas and generate fresh thinking.
As well as exploring the wider industry, Latitude also looks at...21 Oct 2013 09:54:30 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-launches-new-company-magazine-with-a-difference/Corporate
Dana Petroleum brings new production online in Southern North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-brings-new-production-online-in-southern-north-sea/
The control room on the Hanze platform
The initial flow rate from the Hanze Infill Well A06 is around 3,500 bbls/day, of which 1,600 bbls/day is net to Dana. This nearly doubles the existing Hanze field production. The well was drilled using th...08 Oct 2013 10:01:57 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-brings-new-production-online-in-southern-north-sea/Netherlands
Dana Petroleum announces new partner in Pharos well http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-announces-new-partner-in-pharos-well/
The Pharos prospect is located approximately 50 km northeast of the Easington gas processing terminal, Humberside, and lies west of the Hyde field. Once the farm-in is completed, Hansa will acquire a 15% interest in Licence P.1566 and P.1742. Dan...19 Sep 2013 10:03:08 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-announces-new-partner-in-pharos-well/Corporate,UK
New Chief Operating Officer joins Dana Petroleum http://www.dana-petroleum.com/media-centre/press-releases/2013/new-chief-operating-officer-joins-dana-petroleum/
Graham Scotton, Chief Operating Officer
Graham will report to the company’s Group Chief Executive Dr Marcus Richards and has also been appointed to the Board of Directors. He brings considerable experience to Dana having spent 36 years working...09 Sep 2013 10:05:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/new-chief-operating-officer-joins-dana-petroleum/Corporate
Dana Petroleum develops blueprint for ‘independent’ national oil and gas company http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-develops-blueprint-for-independent-national-oil-and-gas-company/
That was the message from Dana’s Group Chief Executive Dr Marcus Richards speaking at the Offshore Europe Conference in Aberdeen today. Dr Richards told delegates that the shape of the oil and gas industry was changing – along with the balance...04 Sep 2013 10:07:27 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-develops-blueprint-for-independent-national-oil-and-gas-company/Corporate
Dana starts drilling operations on Western Isles project ahead of schedule http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-starts-drilling-operations-on-western-isles-project-ahead-of-schedule/
Ocean Nomad Rig
The work is being undertaken by the drilling rig Ocean Nomad, leased from Diamond Offshore, in the Northern North Sea.
Western Isles is a $1.6 billion development project which is exploiting two discovered oil fields, called H...02 Sep 2013 10:11:25 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-starts-drilling-operations-on-western-isles-project-ahead-of-schedule/UK
Dana-backed Fabric of the Land opens in Aberdeen http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-backed-fabric-of-the-land-opens-in-aberdeen/
An established event on the Aberdeen arts calendar, Fabric of the Land invites emerging and established artists to make submissions that express inspiration from the landscape. Over 50 pieces of work from UK and international artists will be on di...23 Aug 2013 10:14:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-backed-fabric-of-the-land-opens-in-aberdeen/Corporate,UK
Dana Petroleum welcomes strong indication of significant gas volumes in Tolmount field http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-welcomes-strong-indication-of-significant-gas-volumes-in-tolmount-field/
Dana has a joint 50 per cent stake in the Tolmount field with the operator E.ON E&amp;P in what could be one of the largest discoveries in the UK Southern North Sea for several years.
Indications are the field could contain significantly higher...13 Aug 2013 10:16:16 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-welcomes-strong-indication-of-significant-gas-volumes-in-tolmount-field/Corporate,UK
New mooring chains for Dana Petroleum’s Triton oil production vessel ensure safe operations into next decade http://www.dana-petroleum.com/media-centre/press-releases/2013/new-mooring-chains-for-dana-petroleum-s-triton-oil-production-vessel-ensure-safe-operations-into-next-decade/
Triton FPSO
The project was commissioned to maintain the safety of Dana’s offshore teams and the integrity of the floating, production, storage and offloading vessel (FPSO). The replacement will support Triton's safe operation well into the 202...31 Jul 2013 10:17:53 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/new-mooring-chains-for-dana-petroleum-s-triton-oil-production-vessel-ensure-safe-operations-into-next-decade/UK
Dana Petroleum’s Triton production vessel reaches 200 millionth barrel milestone http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-s-triton-production-vessel-reaches-200-millionth-barrel-milestone/
Triton is a floating, production, storage and offloading vessel (FPSO) and produces oil and gas from the Bittern, Guillemot West and North West, Clapham, Pict and Saxon fields. It is located in the UK Central North Sea 120 miles east of Aberdee...19 Jul 2013 10:19:28 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-s-triton-production-vessel-reaches-200-millionth-barrel-milestone/UK
Dana Petroleum plc 2012 Annual Results http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-plc-2012-annual-results/
Financial Highlights 2012
Investing in £1 billion Western Isles project in UK North Sea
2012 profit after tax of £110.08 million (£182.50 million in 2011)
Revenues increased by 0.4% to £1.09 billion in 2012 (£1.08 billion in 2011)
Net assets...25 Jun 2013 10:27:38 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-plc-2012-annual-results/Corporate
Balance of power in global oil and gas industry could shift in the future – claims new report http://www.dana-petroleum.com/media-centre/press-releases/2013/balance-of-power-in-global-oil-and-gas-industry-could-shift-in-the-future-claims-new-report/
Global oil and gas leaders believe there could be dramatic changes in the structure of relationships within the industry - according to a new report conducted by Robert Gordon University and sponsored by Dana Petroleum with launch support from P...13 Jun 2013 10:31:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/balance-of-power-in-global-oil-and-gas-industry-could-shift-in-the-future-claims-new-report/Corporate,UK
Dana Petroleum lays keel for $400 million oil production vessel http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-lays-keel-for-400-million-oil-production-vessel/
The keel laying ceremony
The keel laying of the floating, production, storage and offloading vessel (FPSO) marks a major milestone for Dana’s Western Isles project.
Dana and its partner Cieco are investing $1.6 billion in a nine-well developme...28 May 2013 10:50:05 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-lays-keel-for-400-million-oil-production-vessel/Corporate
Dana spuds new exploration well in southern North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-spuds-new-exploration-well-in-southern-north-sea/
Dana is drilling the P11-08 exploration well using the jack-up Noble Lynda Bossler, in the production licence P10a and will test the Triassic Volpriehausen substrata for the presence of oil beneath a gas cap. The prospect is located immediately...25 Apr 2013 10:51:46 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-spuds-new-exploration-well-in-southern-north-sea/Corporate,Netherlands,UK
Dana Petroleum appoints new Managing Director in Egypt http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-appoints-new-managing-director-in-egypt/
Paul took up his new position on 15 April. He has over 32 years of international exploration and production experience. Paul spent over 18 years with Shell in technical and managerial roles in Europe and the Middle East, and most recently held s...23 Apr 2013 10:54:19 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-appoints-new-managing-director-in-egypt/Corporate
Scottish Labour Leader visits Dana Petroleum http://www.dana-petroleum.com/media-centre/press-releases/2013/scottish-labour-leader-visits-dana-petroleum/
Dana's UK Managing Director Paul Griffin and Scottish Labour leader Johann Lamont
She was accompanied by Labour colleagues Dame Anne Begg MP, Lewis Macdonald MSP and Richard Baker MSP.
Paul Griffin, UK Managing Director of the Aberdeen-based c...03 Apr 2013 10:56:03 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/scottish-labour-leader-visits-dana-petroleum/Corporate
Dana Petroleum backs Fabric of the Land exhibition http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-backs-fabric-of-the-land-exhibition/
Dana is pleased to announce its support of this year’s Fabric of the Land exhibition, which is hosted by the Geology and Petroleum Geology Department of the University of Aberdeen.
Now in its fifth year, the exhibition showcases pieces from est...22 Mar 2013 11:04:42 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-backs-fabric-of-the-land-exhibition/Corporate,UK
Dana Petroleum partners with RWE to drill new exploration well in Southern North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-partners-with-rwe-to-drill-new-exploration-well-in-southern-north-sea/
The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones. RWE is the operator for the drilling operations which will start in a few days time.
The well is the third the company has drilled...20 Mar 2013 11:06:07 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-partners-with-rwe-to-drill-new-exploration-well-in-southern-north-sea/UK
Dana Petroleum announces new Managing Director for the Netherlands http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-announces-new-managing-director-for-the-netherlands/
Nick, who previously ran Dana’s operations in Egypt, took up his new position on 1 March replacing Reidar Hustoft, who has recently moved to become Managing Director for the company’s Norwegian business.
Nick joined Dana in 2008 from Shell whe...05 Mar 2013 11:10:07 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-announces-new-managing-director-for-the-netherlands/Corporate,Netherlands
Dana Petroleum starts drilling exploration well in Moray Firth http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-starts-drilling-exploration-well-in-moray-firth/
Dana is drilling an operated well targeting the Magnolia prospect in block 13/23a, which comprises early Cretaceous sandstones.
Dana’s UK Managing Director Paul Griffin said: “Magnolia is a significant milestone in Dana’s UK exploration progra...28 Feb 2013 11:20:58 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-starts-drilling-exploration-well-in-moray-firth/UK
Dana Petroleum announces new Managing Director for Norway http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-announces-new-managing-director-for-norway/
Reidar Hustoft took up his new position on 1 February replacing John M Dahlen, who is retiring from the company. John was a co-founder of Ener Petroleum which was acquired by Dana in 2007.
Reidar previously ran Dana’s business in the Netherland...14 Feb 2013 11:23:44 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-announces-new-managing-director-for-norway/Netherlands
Dana Petroleum gives £5,000 to help set up an IT centre for homeless people in Aberdeen http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-gives-5-000-to-help-set-up-an-it-centre-for-homeless-people-in-aberdeen/
The money was largely raised by Dana employees and then topped up by the company. The donation will be used to set up and equip an IT centre giving homeless people the chance to develop computer skills, have access to the internet and email, dea...01 Feb 2013 11:25:16 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-gives-5-000-to-help-set-up-an-it-centre-for-homeless-people-in-aberdeen/Corporate,UK
Dana gets green light for development after successful test well in Egypt http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-gets-green-light-for-development-after-successful-test-well-in-egypt/
The Aberdeen-based oil and gas company, in partnership with INPEX, successfully drilled the exploration well Nefertiti-2X at the end of 2012. The well tested at a maximum stabilised flow rate of 1,850 bbls/day with an Electrical Submersible Pump (...29 Jan 2013 11:26:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-gets-green-light-for-development-after-successful-test-well-in-egypt/
Dana Petroleum announces first oil production from Cormorant East Field in Northern North Sea http://www.dana-petroleum.com/media-centre/press-releases/2013/dana-petroleum-announces-first-oil-production-from-cormorant-east-field-in-northern-north-sea/
The initial production rate is approximately 5,500 barrels of oil per day (net Dana approximately 1,100 barrels of oil per day).
A Field Development Plan (FDP) for the Cormorant East Field, part of the Contender Block, was approved by DECC last y...14 Jan 2013 11:27:48 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2013/dana-petroleum-announces-first-oil-production-from-cormorant-east-field-in-northern-north-sea/UK
New identity for international oil company Dana Petroleum http://www.dana-petroleum.com/media-centre/press-releases/2011/new-identity-for-international-oil-company-dana-petroleum/
Rebrand will support significant international growth
Position Dana as a partner of choice in Europe, The Middle East and Africa
Integrated digital communications agency Precedent to handle the brief
International oil and gas company, Dana...20 Dec 2012 14:19:34 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2011/new-identity-for-international-oil-company-dana-petroleum/Corporate
Dana $1.6bn oil and gas development gets go ahead http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-16bn-oil-and-gas-development-gets-go-ahead/
The Department of Energy and Climate Change has approved the Western Isles project which will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field.
The ni...17 Dec 2012 11:47:30 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-16bn-oil-and-gas-development-gets-go-ahead/UK
Dana targets new prospect in Norwegian Sea http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-targets-new-prospect-in-norwegian-sea/
The drilling rig Transocean Barents has started operations on the Albert prospect in production license PL 513 in the Haltenbanken area. The gas/condensate prospect in the Cretaceous Lysing formation will be drilled down to 3,500 meters and is exp...11 Dec 2012 11:50:57 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-targets-new-prospect-in-norwegian-sea/UK
Dana boosts exploration and production activities in Egypt http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-boosts-exploration-and-production-activities-in-egypt/
Dana completed the East Zeit A17Z well on 8 September as a successful oil producer, with initial rates of 1,400 boepd and 3 mmscf/d through a 24/64” choke. This was the last well of a four well campaign that has significantly enhanced the long ter...08 Nov 2012 11:52:21 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-boosts-exploration-and-production-activities-in-egypt/
Dana Petroleum awarded new North Sea acreage http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-awarded-new-north-sea-acreage/
Of the awarded blocks, Dana is operator of block 13/23d (Dana 100%) in the Inner Moray Firth (IMF) which is located immediately west of the Blake Field. This block was won with a firm well bid which is currently on Dana’s drilling schedule for 20...29 Oct 2012 11:53:24 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-awarded-new-north-sea-acreage/UK
Contender well successful http://www.dana-petroleum.com/media-centre/press-releases/2012/contender-well-successful/
The well was drilled by TAQA Bratani from its North Cormorant platform and the field is expected to be developed under the new field name ‘Cormorant East’.
Production will be processed through the North Cormorant platform. The target for the well...22 Oct 2012 11:54:35 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/contender-well-successful/UK
Dana becomes operator of Triton FPSO http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-becomes-operator-of-triton-fpso/
Core part of our strategy to acquire more operated positions
Consolidates our strong position in the Central North Sea
Flexible, mobile export solutions are the way forward in the North Sea
Today, (Monday 1...01 Oct 2012 11:57:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-becomes-operator-of-triton-fpso/UK
Fergus Ewing visits Dana Petroleum http://www.dana-petroleum.com/media-centre/press-releases/2012/fergus-ewing-visits-dana-petroleum/
Mr Ewing met Paul Griffin, UK Managing Director, to discuss the $1.5 billion Western Isles Project which is expected to add 40,000 barrels of oil per day to Dana’s portfolio when first oil is produced in 2015.
Paul said, “Dana is aiming to bec...05 Sep 2012 12:00:47 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/fergus-ewing-visits-dana-petroleum/Corporate
First Minister officially opens Dana Petroleum’s global headquarters http://www.dana-petroleum.com/media-centre/press-releases/2012/first-minister-officially-opens-dana-petroleum-s-global-headquarters/
L-R Alex Salmond, First Minister and Marcus Richards, Group Chief Executive. Download jpg
Mr Salmond enjoyed a tour of the office and met with employees and Group Chief Executive Marcus Richards during his visit to Aberdeen.
Marcus said, “We a...03 Sep 2012 12:03:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/first-minister-officially-opens-dana-petroleum-s-global-headquarters/Corporate
Scottish Secretary of State drops in on Dana http://www.dana-petroleum.com/media-centre/press-releases/2012/scottish-secretary-of-state-drops-in-on-dana/
Mr Moore met with Group Chief Executive Dr Marcus Richards to discuss Dana’s plans to invest $5 billion to more than double in size by 2016.
Mr Richards said, “This is an exciting time for Dana in the North Sea and internationally. We have e...15 Aug 2012 12:05:06 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/scottish-secretary-of-state-drops-in-on-dana/Corporate
Strong results for Dana’s Platypus well http://www.dana-petroleum.com/media-centre/press-releases/2012/strong-results-for-dana-s-platypus-well/
Well 48/1a-6 was spudded on 11 April 2012 with the Ensco 80 jack up drilling rig. The well reached a total measured depth of 14,175 feet on 19 June having successfully drilled a 3,100 foot horizontal section within the reservoir. A Drill Stem Te...02 Aug 2012 12:06:27 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/strong-results-for-dana-s-platypus-well/UK
Dana Petroleum backs Paralympic hopeful Karen Darke http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-backs-paralympic-hopeful-karen-darke/
Download hi-res image (JPEG, 3MB)
Karen was paralysed from the chest down after a rock climbing accident aged 21. Since then, she has continuously challenged physical and mental barriers to complete many incredible feats around the world. She h...20 Jul 2012 12:09:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-backs-paralympic-hopeful-karen-darke/Corporate,UK
Dana Petroleum announces strong 2011 performance http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-announces-strong-2011-performance/
Financial highlights 2011
2011 profit after tax of $292.6m ($8.4m loss in 2010)
Revenue increased by 80% to $1.7 billion in 2011 ($965 million in 2010)
Net assets increased by 46% to $2.05 billion in 2011 ($1.4 billion in 2010)
Operatio...18 Jul 2012 12:10:40 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-announces-strong-2011-performance/Corporate
Dana Petroleum’s Western Isles project moves ahead http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-s-western-isles-project-moves-ahead/
The Western Isles project will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field. The nine-well development is expected to add more than 26,000 barrels...12 Jul 2012 12:15:40 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-s-western-isles-project-moves-ahead/UK
Results of Clapton exploration well announced http://www.dana-petroleum.com/media-centre/press-releases/2012/results-of-clapton-exploration-well-announced/
Dana Petroleum Norway AS is a 20% partner in exploration well 2/8-18 S, which is located in PL440 S in block 2/8, approximately 5 km east of the Eldfisk East Field and 10 km north of the Valhall Field.
The primary target of the Clapton well was t...03 Jul 2012 12:17:03 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/results-of-clapton-exploration-well-announced/UK
Development success for Dana Petroleum and Zeitco http://www.dana-petroleum.com/media-centre/press-releases/2012/development-success-for-dana-petroleum-and-zeitco/
Two new wells on stream adding more than 4,000 barrels of daily production
Dana Egypt daily production is now more than 13,000 barrels; up 50% on 2011
More than 10 further wells planned for 2012
Dana Petroleum plc ("Dana") is pleased t...29 Jun 2012 12:18:59 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/development-success-for-dana-petroleum-and-zeitco/
Dana Petroleum to operate in Cameroon http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-to-operate-in-cameroon/
In a deal which extends our existing position in Africa, Dana will be the Operator (55%), working in partnership with Madison Cameroon Oil and Gas Limited (“Madison”) (35%) and SoftRock Oil and Gas Limited (“SoftRock”) (10%).
Bakassi West is situ...15 Jun 2012 12:20:38 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-to-operate-in-cameroon/
Dana appoints Director of New Business Development http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-appoints-director-of-new-business-development/
Reporting to Group Chief Executive Marcus Richards, Jim will lead all Dana’s work in the commercial and new business development arena, as the company strives to increase production to more than 100,000 barrels of oil equivalent per day by 2016....07 Jun 2012 12:23:25 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-appoints-director-of-new-business-development/Corporate
Drilling starts on Clapton exploration well in Norwegian North Sea http://www.dana-petroleum.com/media-centre/press-releases/2012/drilling-starts-on-clapton-exploration-well-in-norwegian-north-sea/
Dana Petroleum Norway AS is a 20% partner in exploration well 2/8-18 S, which is located in PL440 S in block 2/8, approximately 5 km east of the Eldfisk East Field and 10 km north of the Valhall Field.
Clapton is a chalk prospect on the flanks o...24 May 2012 12:24:39 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/drilling-starts-on-clapton-exploration-well-in-norwegian-north-sea/
North Zeit Bay success for Dana Petroleum and Zeitco http://www.dana-petroleum.com/media-centre/press-releases/2012/north-zeit-bay-success-for-dana-petroleum-and-zeitco/
East Matr-1X, which spudded on 25 February, was drilled with the Sino Tharwa Tanmia 1 rig, reaching a total depth (TD) of 5,800 feet on 5 March. On 27 March, the upper interval of Rahmi sand in the Kareem formation tested oil and gas, with a maxim...15 May 2012 12:26:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/north-zeit-bay-success-for-dana-petroleum-and-zeitco/
Dana confirms first production from Van Nes well and completion of Medway project http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-confirms-first-production-from-van-nes-well-and-completion-of-medway-project/
First gas from the Van Nes field in the Medway project, phase 2
Expected to produce 4,000 barrels of oil equivalent per day (boepd) in 2012
Second subsea tie-back to Dana-operated De Ruyter platform, completes the Medway development project...01 May 2012 12:30:40 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-confirms-first-production-from-van-nes-well-and-completion-of-medway-project/Netherlands
Dana Petroleum spuds Platypus appraisal well http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-spuds-platypus-appraisal-well/
The Dana-operated Platypus gas accumulation is located in Block 48/1a in the UK Southern North Sea. It was discovered in 2010 when the Dana-operated 48/1a-5 well encountered gas bearing Lower Leman sandstone reservoir.
To date the drilling operat...11 Apr 2012 12:32:12 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-spuds-platypus-appraisal-well/UK
Dana Petroleum and Zeitco confirm Egypt well success http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-and-zeitco-confirm-egypt-well-success/
The well was drilled with the new-build Sino Tharwa jack-up rig Bahari 1, after successful commissioning with Zeitco.
Initial production rates of over 1,000bbls oil per day have been recorded for the last week. When production stabilises, this wi...02 Mar 2012 12:33:19 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-and-zeitco-confirm-egypt-well-success/
Dana strengthens position in Central North Sea with Bittern acquisition http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-strengthens-position-in-central-north-sea-with-bittern-acquisition/
As a result of the transaction Hess will resign the affiliated operatorship of the Triton floating production, storage and offloading (FPSO) vessel and Dana has indicated its desire to operate the facility.
Under KNOC, Dana is focused on increasi...23 Feb 2012 12:34:16 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-strengthens-position-in-central-north-sea-with-bittern-acquisition/UK
Dana Petroleum awarded further blocks in Norway http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-awarded-further-blocks-in-norway/
Dana secures five licenses in 2011 APA round
Four exploration wells planned for 2012
Drilling underway on Storebjørn prospect
Dana Petroleum Norway AS ('Dana') has secured five licenses in the 2011 APA licensing round on the Norwegian Conti...20 Jan 2012 12:35:12 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-awarded-further-blocks-in-norway/
Dana confirms first production from innovative Dutch well http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-confirms-first-production-from-innovative-dutch-well/
First oil from Van Ghent well in Medway development project phase 1
Expected to produce 4,000 boepd in 2012
Innovative tri-lateral well a first for Dana and Dutch offshore industry
Dana Petroleum plc ("Dana") is delighted to announce that o...12 Jan 2012 12:36:10 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-confirms-first-production-from-innovative-dutch-well/Netherlands
Dana Petroleum confirms first production from Matr-1XST well http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-confirms-first-production-from-matr-1xst-well/
Matr-1XST, which is expected produce 1,200 boepd, is the third well producing oil via the Lorcan Processing Facility - alongside Lorcan-1XST and Fin-1X - operated by Dana in the North Zeit Bay PSC area, in which the company holds a 100% interest....09 Jan 2012 12:37:08 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-confirms-first-production-from-matr-1xst-well/
Dana Petroleum awarded new North Sea acreage http://www.dana-petroleum.com/media-centre/press-releases/2012/dana-petroleum-awarded-new-north-sea-acreage-1/
Dana will be the operator of the blocks and the work obligations comprise a reprocessing of 3D seismic. The blocks are adjacent to the substantial Tolmount discovery made in October 2011 in which Dana has a 50% interest.
Dana, which already has t...06 Jan 2012 12:38:08 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2012/dana-petroleum-awarded-new-north-sea-acreage-1/UK
Dana Petroleum Egypt joint venture approved http://www.dana-petroleum.com/media-centre/press-releases/2011/dana-petroleum-egypt-joint-venture-approved/
Petro Kareem will produce oil and gas from the Lorcan Development lease, within the North Zeit Bay ("NZB") concession, located onshore in the Gulf of Suez, 320km south east of Cairo.
The NZB Production Sharing Contract ("PSC") area, in which Dana...29 Nov 2011 14:21:10 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2011/dana-petroleum-egypt-joint-venture-approved/
Dana partner begins deep water 3D seismic survey in Guinea http://www.dana-petroleum.com/media-centre/press-releases/2011/dana-partner-begins-deep-water-3d-seismic-survey-in-guinea/
Using the survey vessel Oceanic Endeavour, seismic contractor CGGVeritas will acquire 3D seismic data in a deep water area covering approximately 4,000 square kilometers. After it completes the data acquisition phase of the project, CGGVeritas wil...14 Nov 2011 14:37:48 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2011/dana-partner-begins-deep-water-3d-seismic-survey-in-guinea/
Dana Petroleum strengthens senior management team http://www.dana-petroleum.com/media-centre/press-releases/2011/dana-petroleum-strengthens-senior-management-team/
Acquired by the Korean National Oil Company (KNOC) in October 2010, Dana's strategy is to grow production and reserves in Europe, Africa, the Middle East and beyond by becoming a partner of choice in its chosen markets.
Jill Reid, Group General C...08 Nov 2011 14:38:39 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2011/dana-petroleum-strengthens-senior-management-team/Corporate
Tolmount gas discovery http://www.dana-petroleum.com/media-centre/press-releases/2011/tolmount-gas-discovery/
DANA PETROLEUM PLC (“Dana” or “The Company”)
E.ON Ruhrgas E&amp;P Ltd (“E.ON”)
TOLMOUNT GAS DISCOVERY
Dana (50%) in partnership with E.ON (50% and Operator) of Licence P1330, is pleased to announce a gas discovery on the Tolmount prospect locat...07 Oct 2011 14:39:28 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2011/tolmount-gas-discovery/UK
Dana Makes Discovery at Nefertiti, Gulf of Suez, Egypt http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-makes-discovery-at-nefertiti-gulf-of-suez-egypt/
The Nefertiti-1X well was drilled to a measured depth of 14,150 ft, targeting a prospect in the Asl sands. The well encountered 65ft TVD oil bearing sands. As expected the reservoir was moderately pressure depleted and the flow test was completed...01 Dec 2010 14:48:03 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-makes-discovery-at-nefertiti-gulf-of-suez-egypt/
MEDWAY PROJECT SANCTION, OFFSHORE NETHERLANDS http://www.dana-petroleum.com/media-centre/press-releases/2010/medway-project-sanction-offshore-netherlands/
First production from Medway is expected in Q4 2011. The project is initially expected to add an average of 4,100 barrels of oil equivalent per day net to Dana in 2012, with production rising further in 2013 and field life continuing through to 20...22 Sep 2010 14:48:58 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/medway-project-sanction-offshore-netherlands/Netherlands
Dana begins drilling the Cormoran exploration well, offshore Mauritania http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-begins-drilling-the-cormoran-exploration-well-offshore-mauritania/
The conductor has been run and Dana has already drilled the 26 inch hole section down to approximately 2,226 metres. The current operation is preparing to run 20 inch casing, before drilling ahead.
Cormoran-1 is being drilled by the Maersk Delive...21 Sep 2010 14:55:05 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-begins-drilling-the-cormoran-exploration-well-offshore-mauritania/
VALUE BASED DEFENCE - DANA RESPONSE TO KNOC OFFER http://www.dana-petroleum.com/media-centre/press-releases/2010/value-based-defence-dana-response-to-knoc-offer/
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
Dana Petroleum plc (“Dana” or the “Company”)
Dana S...08 Sep 2010 14:58:28 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/value-based-defence-dana-response-to-knoc-offer/Corporate
DANA ACQUIRES UKCS INTERESTS FROM PETRO-CANADA UK LIMITED http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-acquires-ukcs-interests-from-petro-canada-uk-limited/
The cash consideration will be adjusted at completion for various working capital balances at 1 July 2010 and movements in the interim period which are expected to result in a net benefit to Dana. In addition, on completion Dana will also gain add...08 Sep 2010 15:59:56 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-acquires-ukcs-interests-from-petro-canada-uk-limited/Corporate,UK
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2010 http://www.dana-petroleum.com/media-centre/press-releases/2010/interim-results-for-the-six-months-ended-30-june-2010/
HIGHLIGHTS
Strong Financial Performance
Total income for half year of £266.9 million, comprising revenue of £185.7 million and underlifted production of £81.2 million
Pre-tax profit of £82.0 million, up 274%, and exceeding 2009 full year eq...27 Aug 2010 15:09:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/interim-results-for-the-six-months-ended-30-june-2010/Corporate
DANA COMPLETES ACQUISITION OF PETRO-CANADA NETHERLANDS B.V. http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-completes-acquisition-of-petro-canada-netherlands-bv/
On 9 August 2010, Dana announced that the resolution to approve the Company's proposed acquisition of Petro-Canada Netherlands B.V. (the "Acquisition") put to shareholders at the General Meeting was passed unanimously.
Dana is pleased to confirm...13 Aug 2010 15:10:16 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-completes-acquisition-of-petro-canada-netherlands-bv/Corporate,Netherlands
FIRST PRODUCTION FROM BABBAGE GAS FIELD http://www.dana-petroleum.com/media-centre/press-releases/2010/first-production-from-babbage-gas-field/
The Babbage field development was approved by the UK authorities in 2009 and is being executed in two phases. The total investment in the development of the Babbage field will amount to around £300m.
Phase one has included the installation of the...11 Aug 2010 15:11:18 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/first-production-from-babbage-gas-field/UK
BLACKBIRD FLOW TEST & INCREASED OIL PRODUCTION AT ETTRICK http://www.dana-petroleum.com/media-centre/press-releases/2010/blackbird-flow-test-increased-oil-production-at-ettrick/
The 20/2a-9 well, operated by Nexen Petroleum UK, was drilled in a water depth of approximately 367 feet to a total measured depth of 12,000 feet, targeting a high quality Upper Jurassic oil discovery. Following detailed evaluation of all the gath...10 Aug 2010 15:12:28 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/blackbird-flow-test-increased-oil-production-at-ettrick/UK
DANA RECEIVES SHAREHOLDER APPROVAL FOR THE ACQUISITION OF PETRO-CANADA NETHERLANDS B.V. http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-receives-shareholder-approval-for-the-acquisition-of-petro-canada-netherlands-bv/
Completion of the Acquisition, which provides a significant production and reserve growth step for the Group and adds considerable operating capabilities in the North Sea, is expected to take place later this week. Following completion, Dana’s dai...09 Aug 2010 16:04:48 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-receives-shareholder-approval-for-the-acquisition-of-petro-canada-netherlands-bv/Corporate,Netherlands
DANA DISCOVERS NEW OIL FIELD AT NORTH ZEIT BAY, EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-discovers-new-oil-field-at-north-zeit-bay-egypt/
The Fin-1X well (Dana 100% stakeholder and Operator) was drilled to a depth of 10,038 ft, some 3km from the Lorcan oil discovery announced in June. The Fin-1X well encountered good quality oil bearing sands in the Kareem formation, in line with D...30 Jul 2010 15:16:01 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-discovers-new-oil-field-at-north-zeit-bay-egypt/
Drilling begins at Anne Marie well offshore Faroe Islands http://www.dana-petroleum.com/media-centre/press-releases/2010/drilling-begins-at-anne-marie-well-offshore-faroe-islands/
Dana Petroleum holds a direct 25% equity interest in the Anne Marie prospect and licence area, and remains a 27.5% shareholder of Faroe Petroleum following its take up in full in the recent Rights Issue.
26 July, 2010
Enquiries:
Tom...26 Jul 2010 15:17:13 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/drilling-begins-at-anne-marie-well-offshore-faroe-islands/
STATEMENT RE: FAROE PETROLEUM OIL DISCOVERY IN NORWEGIAN SEA http://www.dana-petroleum.com/media-centre/press-releases/2010/statement-re-faroe-petroleum-oil-discovery-in-norwegian-sea/
Dana Petroleum remains a 27.5% shareholder of Faroe Petroleum following its take up in full in the recent Rights Issue.
22 July, 2010
Enquiries:
Tom Cross, Chief Executive
Dana Petroleum plc
01224 652400
Nick Elwes
College Hill...22 Jul 2010 15:18:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/statement-re-faroe-petroleum-oil-discovery-in-norwegian-sea/
POSTING OF SHAREHOLDER CIRCULAR AND NOTICE OF GENERAL MEETING http://www.dana-petroleum.com/media-centre/press-releases/2010/posting-of-shareholder-circular-and-notice-of-general-meeting/
The Board of Dana Petroleum plc (the "Company") is pleased to announce that it is today posting a circular to its shareholders (the "Circular") setting out details of the Proposed Acquisition. The Circular will be available to view shortly on the...21 Jul 2010 15:19:54 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/posting-of-shareholder-circular-and-notice-of-general-meeting/Corporate,Netherlands
DANA INCREASES STRATEGIC POSITION OFFSHORE NILE DELTA, EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-increases-strategic-position-offshore-nile-delta-egypt/
The El Manzala Offshore Area Concession is a large PSC area, covering some 630 sq km, situated in the prolific offshore Nile Delta area of Egypt. The area already has significant coverage of both 2D and 3D seismic data. Dana will fund the cost of...21 Jul 2010 15:21:28 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-increases-strategic-position-offshore-nile-delta-egypt/
EXPLORATION & DRILLING PROGRAMME UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2010/exploration-drilling-programme-update/
Current Drilling
On 14 July 2010, Dana announced its successful appraisal well at the Blackbird oil field in the UK Central North Sea. This well will be completed and flow tested shortly, and is the first of 10 exploration and appraisal wells Dan...16 Jul 2010 15:28:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/exploration-drilling-programme-update/Corporate
SUCCESSFUL APPRAISAL OF THE BLACKBIRD OIL FIELD http://www.dana-petroleum.com/media-centre/press-releases/2010/successful-appraisal-of-the-blackbird-oil-field-1/
The 20/2a-9 well, operated by Nexen, was drilled in a water depth of approximately 367 feet to a total measured depth of 12,000 feet, targeting a high quality Upper Jurassic oil discovery. The well encountered approximately 330 vertical feet of gr...14 Jul 2010 15:58:07 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/successful-appraisal-of-the-blackbird-oil-field-1/
TWO NEW OIL DISCOVERIES IN EGYPT AND EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2010/two-new-oil-discoveries-in-egypt-and-exploration-drilling-update/
Firstly, a successful exploration well in the North Zeit Bay production sharing contract area, onshore Gulf of Suez in Egypt, where Dana holds a 100% interest. The Dana operated Lorcan-1x well was drilled to a total depth (“TD”) of 7,500 feet, enc...24 Jun 2010 15:32:32 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/two-new-oil-discoveries-in-egypt-and-exploration-drilling-update/
ACQUISITION OF PETRO CANADA NETHERLANDS B.V. http://www.dana-petroleum.com/media-centre/press-releases/2010/acquisition-of-petro-canada-netherlands-bv/
Dana Petroleum plc (“Dana", “the Group” or the “Company”) is pleased to announce that the Company (through its subsidiary Dana Petroleum (E&amp;P) Limited) has entered into an agreement to acquire the entire issued share capital of Petro Canada Ne...14 Jun 2010 11:47:59 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/acquisition-of-petro-canada-netherlands-bv/
INTERIM MANAGEMENT STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2010/interim-management-statement/
Delivery of Exploration Programme:
Since the start of 2010, Dana has completed drilling on six exploration prospects resulting in three discoveries:
Dana’s second well on the West El Burullus concession, offshore Nile Delta, Egyp...18 May 2010 15:38:09 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/interim-management-statement/Corporate
INTERNATIONAL EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2010/international-exploration-drilling-update/
Dana expects the Anne Marie well in the Faroe Islands to commence drilling within the next month. The Company holds a direct 25% interest in the Anne Marie well. Faroe Petroleum, in which Dana has a 27.2% stake, also holds a 12.5% interest in Anne...10 May 2010 15:41:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/international-exploration-drilling-update/Corporate
Dana Makes Significant Gas Discovery Offshore UK http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-makes-significant-gas-discovery-offshore-uk/
The Dana operated 48/1a-5 well was drilled in a water depth of approximately 142 feet to a total measured depth of 11,048 feet, targeting a high quality Rotliegend age, Lower Leman prospect. The well encountered some 218 vertical feet of good qual...15 Apr 2010 15:45:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-makes-significant-gas-discovery-offshore-uk/UK
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009 http://www.dana-petroleum.com/media-centre/press-releases/2010/preliminary-results-for-the-year-ended-31-december-2009/
HIGHLIGHTS
Strong Growth in Oil and Gas Reserves
Proven and probable reserves increased to a new record high of 223 mmboe at end 2009 (end 2008: 194 mmboe)
Oil and gas reserves additions represent a reserves replacement ratio of approximately...29 Mar 2010 15:47:43 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/preliminary-results-for-the-year-ended-31-december-2009/Corporate
EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2010/exploration-drilling-update/
The Company spudded the Bamboo well (Dana 50%) in the West El Burullus concession, offshore Nile Delta, Egypt on 19th February 2010. This drilling follows on from the recent success at Papyrus, which was the second gas field discovered in this con...25 Feb 2010 15:50:27 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/exploration-drilling-update/Corporate
DANA MAKES SECOND GAS DISCOVERY OFFSHORE NILE DELTA, EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-makes-second-gas-discovery-offshore-nile-delta-egypt/
The Papyrus-1X well was drilled in a water depth of approximately 20m to a total measured depth of 1990m, targeting a Pliocene prospect consisting of a turbiditic sand system. The well encountered good quality gas bearing channel sands and an exte...10 Feb 2010 15:52:00 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-makes-second-gas-discovery-offshore-nile-delta-egypt/
DANA AWARDED NINE NEW BLOCKS OFFSHORE NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2010/dana-awarded-nine-new-blocks-offshore-norway/
20% interest in PL359, Block 3/7, in the Southern North Sea with partners Nexen (operator), PetroCanada and RWE. The work programme includes acquisition of 3D seismic and the bid was based on an oil prospect with significant volumes.
30% operat...29 Jan 2010 15:53:04 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/dana-awarded-nine-new-blocks-offshore-norway/
OPERATIONAL UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2010/operational-update/
The Group's 2009 full year results are scheduled for release at the end of March 2010. The information contained herein has not been audited and so may be subject to further change and review.
Highlights:
Completion of acquisition of Bow Valle...29 Jan 2010 15:54:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2010/operational-update/Corporate
RESULTS OF SIDETRACK AT TORNADO, WEST OF SHETLAND, UK http://www.dana-petroleum.com/media-centre/press-releases/2009/results-of-sidetrack-at-tornado-west-of-shetland-uk/
OMV, as operator for the licence, has completed the drilling of the sidetrack to the Tornado exploration well. The sidetrack was drilled to a true vertical depth of 8654 feet in the Lamba Formation. The water depth at this location is 1048 metres...02 Dec 2009 16:08:37 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/results-of-sidetrack-at-tornado-west-of-shetland-uk/UK
OIL DISCOVERY AT JETTA, OFFSHORE NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2009/oil-discovery-at-jetta-offshore-norway/
“Det norske has, together with operator ExxonMobil, and licence partners Dana Petroleum, Bridge Energy and Petoro discovered oil in well 25/8-17, in the Jetta prospect, south of the Jotun field. Oil was proven, but with less reservoir thickness th...28 Nov 2009 16:13:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/oil-discovery-at-jetta-offshore-norway/
INTERIM MANAGEMENT STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2009/interim-management-statement/
Delivery of Exploration Programme:
In this reporting period, Dana has drilled four exploration prospects and also drilled appraisal sidetrack wells on two of these discoveries (Tornado and Jetta), with results as follows:
Dana’s first well i...19 Nov 2009 16:11:52 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/interim-management-statement/Corporate
OIL DISCOVERY IN JETTA SIDETRACK WELL, OFFSHORE NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2009/oil-discovery-in-jetta-sidetrack-well-offshore-norway/
ExxonMobil Exploration &amp; Production Norway AS (ExxonMobil), operator of production licence 027 D, is currently concluding the drilling operations on the Jetta wildcat well 25/8-17 and its sidetrack appraisal well 25/8-17 A. Det norske oljesels...12 Nov 2009 16:12:38 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/oil-discovery-in-jetta-sidetrack-well-offshore-norway/
DANA SIGNS LETTER OF INTENT FOR INTEREST IN OFFSHORE GUINEA http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-signs-letter-of-intent-for-interest-in-offshore-guinea/
The LOI positions Dana to acquire a 23% working interest in the Hyperdynamics concession offshore the Republic of Guinea, West Africa. The concession encompasses all of offshore Guinea, a total area of 80,000 square kilometres equivalent to 330 UK...19 Oct 2009 16:14:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-signs-letter-of-intent-for-interest-in-offshore-guinea/Corporate
DISCOVERY AT TORNADO, WEST OF SHETLAND, UK AND DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2009/discovery-at-tornado-west-of-shetland-uk-and-drilling-update/
OMV as operator for the licence has completed the drilling of the Tornado exploration well 204/13-1 located approximately 10km northwest of the Suilven discovery and 30km northwest of the Schiehallion, Foinaven and Loyal producing fields. The well...14 Oct 2009 16:15:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/discovery-at-tornado-west-of-shetland-uk-and-drilling-update/UK
RESULTS OF TROLLA EXPLORATION WELL, NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2009/results-of-trolla-exploration-well-norway/
'Det Norske Oljeselskap ASA, operator in production licence 483 S, has concluded the drilling of wildcat well 6609/10-2. The well, which was dry, was drilled in the Helgeland basin, and is located 45 kilometres east of the Norne field and 162 kilo...25 Sep 2009 16:16:42 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/results-of-trolla-exploration-well-norway/
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2009 http://www.dana-petroleum.com/media-centre/press-releases/2009/interim-results-for-the-six-months-ended-30-june-2009/
To view or download the complete results please click here
Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and E...28 Aug 2009 16:18:31 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/interim-results-for-the-six-months-ended-30-june-2009/Corporate
FIRST PRODUCTION FROM ETTRICK OIL FIELD http://www.dana-petroleum.com/media-centre/press-releases/2009/first-production-from-ettrick-oil-field/
The Ettrick field development was approved by the UK authorities in July 2006. Six wells were subsequently drilled between March 2007 and March 2009. The field is being produced via the leased “Aoka Mizu” FPSO (floating production, storage and off...18 Aug 2009 16:20:27 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/first-production-from-ettrick-oil-field/UK
DANA EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-exploration-drilling-update/
This wildcat exploration well came in broadly in line with prognosis, and Dana was encouraged that indications of gas were obtained during drilling of the primary Ordovician sandstone target. However, cuttings information and wireline log data fro...04 Aug 2009 16:21:31 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-exploration-drilling-update/
ANNUAL GENERAL MEETING STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2009/annual-general-meeting-statement/
ommenting on the significant progress and activities of the Company, the board of directors released the following statement: “2008 was another excellent year for Dana, with the Company continuing its successful track record of year-on-year growth...01 Jun 2009 16:22:34 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/annual-general-meeting-statement/Corporate
RESULTS OF EITRI EXPLORATION WELL, NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2009/results-of-eitri-exploration-well-norway/
‘ExxonMobil Exploration &amp; Production Norway AS (ExxonMobil), operator of production licence 027 D, has concluded the drilling of wildcat well 25/8-16 S and appraisal well 25/8-16 A. Det norske oljeselskap ASA (Det norske) carried out the drill...22 May 2009 16:23:36 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/results-of-eitri-exploration-well-norway/
DANA INTERIM MANAGEMENT STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-interim-management-statement/
HIGHLIGHTS
Significant Portfolio Growth:
Dana successfully completed the acquisition of Bow Valley Energy on 30 April 2009. The assets acquired are an excellent fit, and effective from 1 May 2009 they add to Dana interests in four producing oi...19 May 2009 16:25:03 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-interim-management-statement/Corporate
DANA COMPLETES ACQUISITION OF BOW VALLEY ENERGY http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-completes-acquisition-of-bow-valley-energy/
Dana is today pleased to announce the completion of the Arrangement. Under the terms of the Arrangement, Dana has acquired all of the issued and outstanding common shares of Bow Valley.
30 April, 2009
For further information please contact:...30 Apr 2009 16:26:06 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-completes-acquisition-of-bow-valley-energy/Corporate
DANA RECEIVES BOW VALLEY SHAREHOLDER APPROVAL FOR THE ACQUISITION OF BOW VALLEY http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-receives-bow-valley-shareholder-approval-for-the-acquisition-of-bow-valley/
Dana Petroleum plc is pleased to announce that the Bow Valley shareholders have today approved the arrangement under the Business Corporations Act (Alberta) pursuant to which Dana Petroleum (E&amp;P) Limited, a subsidiary of Dana Petroleum plc, wi...09 Apr 2009 16:27:08 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-receives-bow-valley-shareholder-approval-for-the-acquisition-of-bow-valley/Corporate
DANA MAKES GAS DISCOVERY OFFSHORE MOROCCO AND ACCELERATES EXPLORATION DRILLING PROGRAMME http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-makes-gas-discovery-offshore-morocco-and-accelerates-exploration-drilling-programme/
Morocco
Dana Petroleum plc is pleased to announce that the Bow Valley shareholders have today approved the arrangement under the Business Corporations Act (Alberta) pursuant to which Dana Petroleum (E&amp;P) Limited, a subsidiary of Dana Petroleu...30 Mar 2009 16:28:10 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-makes-gas-discovery-offshore-morocco-and-accelerates-exploration-drilling-programme/
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2008 http://www.dana-petroleum.com/media-centre/press-releases/2009/preliminary-results-for-the-year-ended-31-december-2008/
HIGHLIGHTS
Record Production and Financial Performance:
Delivered record oil and gas production of approximately 39,400 boepd in 2008, up 29% (2007: 30,514 boepd)
Achieved first oil production from the Grouse field development
Revenue increa...30 Mar 2009 16:29:23 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/preliminary-results-for-the-year-ended-31-december-2008/Corporate
DANA DISCOVERS THIRD OIL FIELD IN RINNES AREA http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-discovers-third-oil-field-in-rinnes-area/
The Dana operated South East Rinnes well, 210/24a-12, in which the Company has a 64.8% equity interest, was drilled to a total measured depth of 7,310 feet (6,546 feet true vertical depth subsea). A comprehensive set of wireline log data was acqui...24 Feb 2009 16:30:11 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-discovers-third-oil-field-in-rinnes-area/UK
DANA ANNOUNCES ACQUISITION OF BOW VALLEY ENERGY http://www.dana-petroleum.com/media-centre/press-releases/2009/dana-announces-acquisition-of-bow-valley-energy/
(All figures are in Canadian dollars unless noted otherwise)
Dana Petroleum plc is pleased to announce that it has entered into an agreement (the “Arrangement Agreement”) with Bow Valley Energy Ltd. (“Bow Valley”) that provides for the acquisitio...16 Feb 2009 16:31:18 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/dana-announces-acquisition-of-bow-valley-energy/Corporate
OPERATIONAL UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2009/operational-update/
The Group's 2008 full year results are scheduled for release at the end of March 2009. The information contained herein has not been audited and so may be subject to further change and review.
Highlights
Record average oil and gas production o...06 Feb 2009 16:32:23 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/operational-update/Corporate
GAS AND CONDENSATE DISCOVERY AT FULLA, NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2009/gas-and-condensate-discovery-at-fulla-norway/
The well discovered gas and condensate in Middle Jurassic reservoir sandstones in the Lower Brent group and extensive data collection and core sampling has been performed. The well has proven recoverable volumes in the range of 6-19 million barrel...05 Feb 2009 16:33:20 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2009/gas-and-condensate-discovery-at-fulla-norway/
FIRST OIL FLOWS FROM GROUSE FIELD IN THE UK http://www.dana-petroleum.com/media-centre/press-releases/2008/first-oil-flows-from-grouse-field-in-the-uk/
The Grouse field is situated in the UK’s Central North Sea, in Block 21/19, and has been developed via a subsea production well tied back to the Dana/Venture owned Kittiwake platform, the production hub for the Greater Kittiwake Area (“GKA”) opera...29 Dec 2008 16:36:14 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/first-oil-flows-from-grouse-field-in-the-uk/UK
DANA AWARDED EIGHT NEW BLOCKS OFFSHORE NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-awarded-eight-new-blocks-offshore-norway/
Dana’s new licence areas are as follows;
PL 494
Block 2/9
40% interest with Dana as Operator
PL 497
Blocks 7/7, 7/8 and 7/11
25% interest (Det Norske Operator)
PL 504
Block 25/7
38.5% interest (Det Norske Operator)
PL 5...23 Dec 2008 16:37:32 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-awarded-eight-new-blocks-offshore-norway/
EGYPT EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2008/egypt-exploration-drilling-update/
The well was drilled to a total depth of 13,322 feet below sea-level, penetrating both the primary and secondary targets. The top of the secondary Thebes target was encountered at 11,704 feet below sea-level and the primary Nubia target was encoun...18 Dec 2008 16:38:14 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/egypt-exploration-drilling-update/
DANA INTERIM MANAGEMENT STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-interim-management-statement/
HIGHLIGHTS
Delivery of Exploration Programme:
During this reporting period, Dana has continued to explore the East Beni Suef concession, onshore Egypt, and has made 2 oil discoveries, with wells at Gharibon-2x and Tareef-1x. Permitting and tie...19 Nov 2008 16:39:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-interim-management-statement/Corporate
DANA AWARDED 29 NEW UK OFFSHORE BLOCKS http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-awarded-29-new-uk-offshore-blocks/
Dana’s first licence award covers 3 blocks in the important Rinnes oil area of the Northern North Sea where Dana will hold a 100% interest. The work programme consists of obtaining and reprocessing seismic data with a well contingent on the result...14 Nov 2008 16:40:24 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-awarded-29-new-uk-offshore-blocks/UK
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2008 http://www.dana-petroleum.com/media-centre/press-releases/2008/interim-results-for-the-six-months-ended-30-june-2008/
To view or download the complete results please click here
Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and E...29 Aug 2008 16:41:42 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/interim-results-for-the-six-months-ended-30-june-2008/Corporate
ANNUAL GENERAL MEETING STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2008/annual-general-meeting-statement/
Commenting on the substantial progress and activities of the Company, the board of directors released the following statement: “2007 was another excellent year for Dana, continuing its successful track record of year-on-year growth. The highlights...24 Jul 2008 16:42:42 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/annual-general-meeting-statement/Corporate
NEW ASSET DEAL IN NORWAY & EXPLORATION UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2008/new-asset-deal-in-norway-exploration-update/
Dana’s wholly owned subsidiary Dana Petroleum Norway AS has entered into swap arrangements with Det norske in respect of a number of assets on the Norwegian Continental Shelf. The agreements are subject to standard co-venturer and governmental app...23 Jun 2008 16:43:50 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/new-asset-deal-in-norway-exploration-update/UK
DANA MAKES SIGNIFICANT GAS DISCOVERY IN EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-makes-significant-gas-discovery-in-egypt/
The WEB-1X well is the first drilled by the Dana Petroleum and Gaz de France partnership at the West El Burullus (“WEB”) production sharing contract area within the prolific Nile Delta region, in the Mediterranean Sea offshore Egypt. Dana holds a...02 Jun 2008 16:45:01 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-makes-significant-gas-discovery-in-egypt/
DANA STRIKES SIXTH DEAL IN EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-strikes-sixth-deal-in-egypt/
This latest deal, which is subject to normal regulatory approvals, secures attractive new prospects for drilling in a core area for Dana and builds upon the five transactions the Company has already completed in Egypt. Dana will operate the next w...20 May 2008 16:46:06 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-strikes-sixth-deal-in-egypt/
DANA INTERIM MANAGEMENT STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-interim-management-statement-1/
HIGHLIGHTS
Delivery of Exploration Programme:
Four wells drilled in the period, namely the significant oil discoveries at West Rinnes and East Rinnes in the UK Northern North Sea, the sub-commercial oil discovery at Morgan in the UK Central No...16 May 2008 16:48:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-interim-management-statement-1/Corporate
DANA MAKES OIL DISCOVERY AT EAST RINNES http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-makes-oil-discovery-at-east-rinnes/
On 23rd April 2008 the Company reported finding the West Rinnes oil accumulation, just 5 kilometres from the Dana operated Hudson producing oil field and 2.5 kilometres from the Company’s Melville oil field. East Rinnes therefore becomes the fourt...12 May 2008 16:49:42 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-makes-oil-discovery-at-east-rinnes/UK
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007 http://www.dana-petroleum.com/media-centre/press-releases/2008/preliminary-results-for-the-year-ended-31-december-2007/
HIGHLIGHTS
Strong Growth in Oil and Gas Reserves
Proven and probable reserves increased to 165.8 mmboe at end of 2007 (2006: 130.6 mmboe)
Oil and gas reserve additions represent a reserves replacement ratio of 316% for the year
Record Pro...30 Apr 2008 09:21:49 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/preliminary-results-for-the-year-ended-31-december-2007/Corporate
BABBAGE GAS FIELD DEVELOPMENT APPROVED http://www.dana-petroleum.com/media-centre/press-releases/2008/babbage-gas-field-development-approved/
The field will be developed using 3 wells initially, with the option to drill a further 2 wells after first gas, across a newly built platform. The gas will be transported to West Sole and onwards to the Dimlington terminal on Humberside. First ga...23 Apr 2008 09:23:38 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/babbage-gas-field-development-approved/UK
OIL DISCOVERY AT WEST RINNES http://www.dana-petroleum.com/media-centre/press-releases/2008/oil-discovery-at-west-rinnes/
The Dana operated Rinnes well, 210/24a-11 has been drilled to a total measured depth of 6,470 feet (5,870 true vertical depth subsea) and encountered a full Brent reservoir sequence. A comprehensive set of wireline log data has been acquired inclu...23 Apr 2008 09:24:37 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/oil-discovery-at-west-rinnes/UK
OPERATIONAL UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2008/operational-update/
The Group's 2007 full year results are scheduled for release at the end of April 2008. The information contained herein has not been audited and so may be subject to further change and review.
Highlights:
Record average oil and gas production...28 Feb 2008 09:26:39 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/operational-update/Corporate
DANA AWARDED NEW LICENCES ACROSS 7 BLOCKS OFFSHORE NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-awarded-new-licences-across-7-blocks-offshore-norway/
The awards to Dana Norway are as follows:
Licence
Blocks
Partner Companies and Working Interests
PL 464
31/3 and 32/1
Dana Petroleum Norway AS (Operator, 55%)E.ON Ruhrgas Norge AS (45%)
PL 484
6608/10
Dana Petroleum Norway A...12 Feb 2008 09:27:18 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-awarded-new-licences-across-7-blocks-offshore-norway/
DANA PRE-QUALIFIES AS OPERATOR IN NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2008/dana-pre-qualifies-as-operator-in-norway/
Dana Norway is headquartered in Oslo and performs all the Group’s activities on the NCS. This includes oil production from the Jotun Field and exploration activities across the NCS, where it currently holds six licence interests. In late 2007, Dan...01 Feb 2008 09:29:25 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2008/dana-pre-qualifies-as-operator-in-norway/
OIL DISCOVERY AT KERLOCH AND EXPLORATION DRILLING UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2007/oil-discovery-at-kerloch-and-exploration-drilling-update/
The Dana operated Kerloch well, 211/22a-10 was drilled to a total depth (TD) of 12,282 feet and encountered a full Brent reservoir sequence, as predicted prior to drilling. The top of the Brent sandstone section came in approximately 60 feet high...21 Dec 2007 09:31:09 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/oil-discovery-at-kerloch-and-exploration-drilling-update/UK
FIRST OIL EXPORT THROUGH THE NEW KITTIWAKE TO FORTIES PIPELINE http://www.dana-petroleum.com/media-centre/press-releases/2007/first-oil-export-through-the-new-kittiwake-to-forties-pipeline/
The new 10 inch, 33km pipeline linking the Kittiwake platform to BP’s Unity platform has the capacity to flow up to 40,000 barrels of oil per day (“bopd”) and will deliver oil production from all the fields in the Greater Kittiwake Area (“GKA”) in...23 Nov 2007 09:32:03 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/first-oil-export-through-the-new-kittiwake-to-forties-pipeline/UK
DANA MAKES SECOND OIL DISCOVERY AT STORSKRYMTEN, NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2007/dana-makes-second-oil-discovery-at-storskrymten-norway/
For further information please contact:
Tom Cross, Chief Executive
Dana Petroleum plc
01224 652400
Stuart Paton,Technical &amp; Commercial Director
Dana Petroleum plc
01224 652400
Nick Elwes
College Hill Associates
020 7457...20 Nov 2007 09:32:57 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/dana-makes-second-oil-discovery-at-storskrymten-norway/
SUCCESSFUL APPRAISAL AND DEVELOPMENT WELL AT GROUSE OIL FIELD http://www.dana-petroleum.com/media-centre/press-releases/2007/successful-appraisal-and-development-well-at-grouse-oil-field/
Grouse was first discovered in 1981 by the 21/19-1a well. Subsequent work justified drilling a horizontal well to target better quality, thicker reservoir sands to the southwest of the discovery well. This well was spudded by the Noble TVL semi-su...19 Nov 2007 09:34:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/successful-appraisal-and-development-well-at-grouse-oil-field/UK
DANA COMPLETES STRATEGIC ACQUISITION IN EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2007/dana-completes-strategic-acquisition-in-egypt/
The purchase price at the effective date of 1 January 2007 is $375 million. In addition to receiving the oil and gas production and exploration assets of Devon Egypt, Dana will also gain approximately $67 million of working capital in Devon Egypt...08 Oct 2007 09:35:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/dana-completes-strategic-acquisition-in-egypt/
DANA MAKES OIL DISCOVERY WITH FIRST WELL IN NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2007/dana-makes-oil-discovery-with-first-well-in-norway/
For further information please contact:
Tom Cross, Chief Executive
Dana Petroleum plc
01224 652400
Stuart Paton,Technical &amp; Commercial Director
Dana Petroleum plc
01224 652400
Nick Elwes
College Hill Associates
020 7457...27 Sep 2007 09:37:10 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/dana-makes-oil-discovery-with-first-well-in-norway/
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2007 http://www.dana-petroleum.com/media-centre/press-releases/2007/interim-results-for-the-six-months-ended-30-june-2007/
HIGHLIGHTS
Strong Growth in Production and Record Profits
Record first half production of 25,830 boepd up 40%
Group production capacity expected to grow to over 45,000 boepd by end 2007
Turnover increased by 25% to a record high of £109.1 m...27 Sep 2007 09:38:13 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/interim-results-for-the-six-months-ended-30-june-2007/Corporate
ANNUAL GENERAL MEETING STATEMENT http://www.dana-petroleum.com/media-centre/press-releases/2007/annual-general-meeting-statement/
Commenting on the progress and activities of the Company, Chairman Colin Goodall released the following statement: “Dana delivered another year of excellent performance in 2006, continuing its successful track record of year-on-year growth. Highli...25 Jul 2007 09:39:22 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/annual-general-meeting-statement/Corporate
CAVENDISH GAS FIELD BEGINS PRODUCTION http://www.dana-petroleum.com/media-centre/press-releases/2007/cavendish-gas-field-begins-production/
The Cavendish field was discovered in 1989 and development sanction was granted in 2005. The development consists of a 6-slot minimum facilities fixed platform which is tied back to the Murdoch platform, part of the Caister Murdoch System operated...04 Jul 2007 09:40:26 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/cavendish-gas-field-begins-production/UK
DANA MAKES STRATEGIC ACQUISITION IN NORWAY http://www.dana-petroleum.com/media-centre/press-releases/2007/dana-makes-strategic-acquisition-in-norway/
In addition, Dana has entered into conditional share acquisition agreements for the purchase of certain existing shares in Ener, all at a price per share of NOK 220 payable in cash. Upon completion of these transactions, Dana will control approxim...12 Jun 2007 09:41:17 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/dana-makes-strategic-acquisition-in-norway/
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2006 http://www.dana-petroleum.com/media-centre/press-releases/2007/preliminary-results-for-the-year-ended-31-december-2006/
HIGHLIGHTS
Strong Growth in Oil and Gas Reserves
Proven and probable reserves increased to 130.6 million barrels of oil equivalent at end 2006 (2005: 111.5 million barrels)
Oil and gas reserve additions represent a reserves replacement of 33...30 Apr 2007 09:42:37 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/preliminary-results-for-the-year-ended-31-december-2006/Corporate
DANA MAKES STRATEGIC ACQUISITION IN EGYPT http://www.dana-petroleum.com/media-centre/press-releases/2007/dana-makes-strategic-acquisition-in-egypt/
The purchase price at the effective date of 1 January 2007 is $375 million. In addition to receiving the oil and gas production and exploration assets of Devon Egypt, Dana will also gain approximately $67 million of working capital in Devon Egypt...18 Apr 2007 09:43:37 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/dana-makes-strategic-acquisition-in-egypt/
PRE CLOSE OPERATIONAL UPDATE http://www.dana-petroleum.com/media-centre/press-releases/2007/pre-close-operational-update/
Highlights:
Record average oil and gas production of approximately 22,300 boepd delivered in 2006
Production capacity increased strongly during 2006 to a new high of 30,000 boepd at year-end
Currently producing from 13 North Sea oil and gas...27 Feb 2007 09:44:25 GMThttp://www.dana-petroleum.com//media-centre/press-releases/2007/pre-close-operational-update/Corporate